New data Import Prices YoY (Oct)
11/15/2024
actual 0.8, previous -0.1
The event is the Import Prices Year-over-Year (YoY) for the month of October in the United States. The actual value reported is 0.8%, which is higher than the previous value of -0.1%. The estimate was 0.1%, so the actual value exceeded expectations. This event is considered to have a low impact on the market, as indicated by the impact level. The Import Prices YoY is a measure of the change in the prices of imported goods and services compared to the same period in the previous year. In this case, the increase in import prices suggests a potential rise in costs for imported goods, which could have implications for inflation and consumer prices.This is not investment advice. Remember to verify the information provided here.
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